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5 Barrington Lane Sunbury, VIC 3429

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5 Barrington Lane,
Sunbury, VIC 3429

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Development opportunity!

Area Specialist Footscray is proud to present 5 Barrington Lane, Sunbury.

Prime Development Opportunity: 5 Acres with Existing 4-Bedroom House.
Welcome to a rare and lucrative investment opportunity nestled within 5 expansive acres of pristine land. This development property is poised for transformation, offering the prospect of creating 2000sqm lots, each contributing to a vibrant community.
Key Features:
1. Strategic Location: Situated on flat terrain, the property enjoys a prime location that combines tranquillity with accessibility. It provides an ideal canvas for crafting a residential enclave that seamlessly blends with the surrounding natural beauty.
2. Generous Size: Spanning 5 acres, the property provides ample space for thoughtful subdivision. This allows for the creation of 2000sqm lots, catering to the modern homeowner's desire for a balance between space and convenience.
3. Existing 4-Bedroom House: A unique aspect of this development is the inclusion of a well-appointed 4-bedroom house. This pre-existing structure not only adds character to the property but also presents the possibility of incorporating it into the development plan, providing a diverse housing option within the community.

The level topography of the land simplifies the development process, minimizing grading and excavation costs. This, in turn, facilitates a smoother construction process for the envisioned residential lots.
4. Investment Potential: Given the demand for well-planned, residential developments, this property represents a solid investment opportunity. The combination of thoughtful design, a prime location, and the inclusion of an existing residence makes it an attractive proposition for both developers and future homeowners.

for more details or to book your private inspection, please contact Adaam Elsherif on 0413 222 0....

(Photo ID is required at all open for inspection)
Due diligence checklist - for home and residential property buyers -
www.consumer.vic.gov.au/duediligencechecklist.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are
for general information only and do not constitute any representation on the part
of the vendor or agent.
we do not take responsibility for any inaccuracies. Accordingly, all interested
parties should make their own inquiries to verify the information.

Sunbury, 3429 demographic data

The median household income for Sunbury is $1,925, 1% higher than Greater Melbourne's household income of $1,901. Sunbury has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 60% of property owners in Sunbury have a mortgage.

38,851
Population
$1,925 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
04132220...
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5 Barrington Lane
Sunbury, VIC 3429
LJ Hooker - Sunbury
2-28 Evans St
SUNBURY, VIC 3429